Bolivia
Press Release

The Domo Oso-X3 well in Tarija will generate USD 6,000 MM

Bnamericas

This YPFB release was published using machine translation.

Tarija, June 3, 2024 (AN-YPFB). – YPFB continues to bet on the Domo Oso-X3 well, located in Tarija, to consolidate an environmental impact evaluation study since its projection in revenue is USD 6,000 million (MM), an important amount that will benefit both the department of Tarija as well as the country.

“We need to collect information in the field and blockades are not in our favor, but we will not give in because it is a very important project that will bring USD 6,000 million to this department and the country. A very important figure for the development of Tarija, not to mention that it will not affect the flora and fauna reserve of Tariquia since it is located outside it,” said Wilman Yabeta, vice president of Contract Administration and Supervision (VPACF) of the state company. oil.

For this project, YPFB and Petrobras are partners and the entry of their personnel to collect field data is essential since they seek to obtain the environmental license, which is the first stage with which the project will begin.

Yabeta emphasized that there is a latent concern about the decrease in hydrocarbon production and exploratory activities in the department of Tarija, but at the same time he questioned that there is a radical position that is not allowing the execution of projects in the department, which It goes to the detriment of it.

“We are talking about economic development for Tarija and there is a radical opposition that is not understood. It is like boycotting themselves regardless of the well-being of their own inhabitants,” the authority questioned.

The Domo Oso-X3 well is located more than 1 km outside the Tariquía reserve and is very important for Bolivians because it projects 2.8 trillion cubic feet (TCF) of hydrocarbons, which translates into approximately USD 6 billion .

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